9976-9990 Gappa RD Active

Kabetogama Twp,MN 56669

$ 3000000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Resort

Listing Status Active

Purchase Type For Sale

Subdivision Kabetogama Town Of

MLS Listing ID 6538852

Year Built 2002

Annual Tax Amount $14,386

Tax Year 2023

Contingent None

Lot Size 21.210 Acres

Acres 21.21

Lot Dimensions 231X257X51X132X222X160X48X135X89X392X127X409X35X376

Property Description

(10.21% Cap Rate) This remarkable property has over 20 acres of land and boasts over 1,000 feet of shoreline nestled along Lake Kabetogama. The property boasts 20 fully furnished cabins, 34 RV sites, 30 docks, and a fleet of 11 boats, ensuring guests enjoy a comfortable and memorable stay. The Resort offers not only a lucrative turn-key business but also immense potential for expansion. With ample undeveloped land, opportunities abound to enhance services, add accommodations, and optimize the main lodge, making it an enticing prospect for investors and visionary entrepreneurs in the hospitality industry.


Whether you're seeking a profitable venture or aiming to leave a mark in hospitality, The Pine Aire Resort offers an unparalleled opportunity to own a premier destination in one of nature's most captivating settings. Don't miss out on the chance to become part of this extraordinary legacy.

Location

State MN

County St. Louis

Zoning Business/Commercial

Body of Water Kabetogama

Interior

Heating Other

Inclusions Building,Business Assets,Business,Fixture/Equipment,Inventory,Land

Fireplace No

Exterior

Garage Detached,Gravel,Guest Parking,RV Access/Parking,Unassigned,Open

Garage Spaces 99.0

Utilities Available Electric Common

Waterfront true

Waterfront Description Dock,Lake Front,Lake View

View East,Harbor,Lake,North,Panoramic,West

Present Use Resort

Parking Type Detached,Gravel,Guest Parking,RV Access/Parking,Unassigned,Open

Building

Foundation 20000

Sewer Mound Septic,Septic System Compliant - Yes

Water Lake Water

Structure Type Wood Siding

Schools

School District St. Louis County

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